OCEAN REEF FOUNDATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- OCEAN REEF FOUNDATION INC (EIN 65-0509255)
- Tax period
- 2011-11-01 to 2012-10-31
- Filed
- 2013-02-07
- IRS object ID
- 201320389349301162
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-07T15:33:44-06:00 | Timestamp |
| Tax Period End Date | 2012-10-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KANTOR GEISLER & ASSOCIATES LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7705 DAVIE RD EXT | AddressLine1 |
| City | HOLLYWOOD | City |
| State | FL | State |
| ZIP Code | 330242515 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-11-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650509255 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OCEAN REEF COMMUNITY FOUNDATION | BusinessNameLine1 |
| Business Name Line2 | INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | OCEA | NameControl |
| Phone | 3053676303 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 ANCHOR DRIVE | AddressLine1 |
| Address Line2 | ROOM/SUITE STE B | AddressLine2 |
| City | KEY LARGO | City |
| State | FL | State |
| ZIP Code | 33037 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | YURIANNA MIKOLAY | Name |
| Title | SECRETARY | Title |
| Phone | 3053676303 | Phone |
| Date Signed | 2013-01-29 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEVE KANTOR | Name |
| Phone | 9544323100 | Phone |
| Date Prepared | 2013-02-07 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ALAN GOLDSTEIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 ANCHOR DRIVE | AddressLine1 |
| City | KEY LARGO | City |
| State | FL | State |
| ZIP Code | 33037 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 3592813 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ORFOUND.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1994 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | TO PROMOTE AND ENHANCE RESPONSIBLE AND EFFECTIVE PHILANTHROPHY FOR MEMBERS OF THE OCEAN REEF COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 25 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 24 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 24 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 7330919 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3111694 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 85182 | InvestmentIncomePriorYear |
| Investment Income Current Year | 225980 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 7416101 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3337674 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5734027 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 5250038 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 42925 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 51132 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 454457 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 492272 | OtherExpensePriorYear |
| Other Expenses Current Year | 541519 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6269224 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5842689 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1146877 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2505015 | RevenuesLessExpensesCY |
| Total Assets BOY | 21798884 | TotalAssetsBOY |
| Total Assets EOY | 22062203 | TotalAssetsEOY |
| Total Liabilities BOY | 9492924 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 11917186 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 12305960 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10145017 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO PROMOTE AND ENHANCE RESPONSIBLE AND EFFECTIVE PHILANTHROPHY FOR MEMBERS OF THE OCEAN REEF COMMUNITY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 5250038 | Expense |
| Grants | 5250038 | Grants |
| Description | TO PROVIDE FOR CODE SECTION 501(C)(3) ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS THAT BENEFIT THE COMMUNITY OF OCEAN REEF AND THE SURROUNDING AREA, AS WELL AS OTHER QUALIFIED CHARITABLE ORGANIZATIONS. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TO PROVIDE FOR CODE SECTION 501(C)(3) ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS THAT BENEFIT THE COMMUNITY OF OCEAN REEF AND THE SURROUNDING AREA, AS WELL AS OTHER QUALIFIED CHARITABLE ORGANIZATIONS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 5250038 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | true | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 25 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 24 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | YURI MIKOLAY | NamePerson |
| Telephone Number | 3053674707 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 ANCHOR DRIVE STE B | AddressLine1 |
| City | KEY LARGO | City |
| State | FL | State |
| ZIP Code | 330375202 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| ALAN GOLDSTEIN | ||||||
| CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 |
| STEVEN A MARKEL | ||||||
| PRESIDENT | 5.00 | X | X | 0 | 0 | 0 |
| THOMAS N DAVIDSON | ||||||
| VICE PRES | 1.00 | X | X | 0 | 0 | 0 |
| LARRY BRADY | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| NELSON SIMS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ALLISON BREWSTER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARLENE BOLL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID RITZ | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICHARD FARMER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| EDMUND A HAJIM | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| WILLIAM NUTT | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROBERT SCHMETTERER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOHN N TAYLOR JR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| STEVE WISHNACK | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JANIE SIMS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ADELAIDE SKOGLUND | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL J SULLIVAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOHN TURNER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KERRY WHITAKER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PAUL ASTBURY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAMES F DICKE II | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| NANCY HARRINGTON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARTHA KAVANAUGH | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KENNETH KARL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| YURIANNA MIKOLAY | ||||||
| SECRETARY | 40.00 | X | 0 | 51132 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp Frm Rltd Orgs | 51132 | TotalReportableCompFrmRltdOrgs |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Fundraising Events | 2113884 | FundraisingEvents |
| All Other Contributions | 997810 | AllOtherContributions |
| Noncash Contributions | 1009845 | NoncashContributions |
| Total Contributions | 3111694 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 199974 | TotalRevenueColumn |
| Related Or Exempt Function Income | 199974 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 231354 | Securities |
| Other | 49791 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 229138 | Securities |
| Other | 26001 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2216 | Securities |
| Other | 23790 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26006 | TotalRevenueColumn |
| Related Or Exempt Function Income | 26006 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 2113884 | CntrbtnsRprtdFundraisingEvents |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3337674 | TotalRevenueColumn |
| Related Or Exempt Function Income | 225980 | RelatedOrExemptFunctionIncome |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5250038 | Total |
| Program Services | 5250038 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51132 | Total |
| Management And General | 51132 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2453 | Total |
| Management And General | 2453 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37065 | Total |
| Management And General | 37065 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1086 | Total |
| Management And General | 1086 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2767 | Total |
| Management And General | 2767 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50 | Total |
| Management And General | 50 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 412 | Total |
| Management And General | 412 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1359 | Total |
| Management And General | 1359 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| OTHER GALA COSTS | 329476 | 329476 | |
| GALA DINNER | 108026 | 108026 | |
| BANK/BROKERAGE FEES | 38084 | 38084 | |
| PRINTING AND PUBLICATIONS | 11099 | 11099 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9642 | Total |
| Management And General | 3786 | ManagementAndGeneral |
| Fundraising | 5856 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5842689 | Total |
| Program Services | 5250038 | ProgramServices |
| Management And General | 138194 | ManagementAndGeneral |
| Fundraising | 454457 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4288474 | BOY |
| EOY | 2204847 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7225 | BOY |
| EOY | 6193 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79735 | BOY |
| EOY | 128194 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 408211 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 7530 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 400591 | BOY |
| EOY | 400681 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6980644 | BOY |
| EOY | 6467956 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 501587 | BOY |
| EOY | 892709 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9540628 | BOY |
| EOY | 11961623 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21798884 | BOY |
| EOY | 22062203 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11696 | BOY |
| EOY | 17782 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9481228 | BOY |
| EOY | 11899404 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9492924 | BOY |
| EOY | 11917186 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11751416 | BOY |
| EOY | 9489742 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 506134 | BOY |
| EOY | 479615 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48410 | BOY |
| EOY | 175660 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12305960 | BOY |
| EOY | 10145017 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21798884 | BOY |
| EOY | 22062203 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -2505015 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 344072 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Community Trust170b1 Avi | X | CommunityTrust170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3675113 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2987191 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5186312 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7330919 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3111694 | CurrentTaxYear |
| Total | 22291229 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3675113 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2987191 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5186312 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7330919 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3111694 | CurrentTaxYear |
| Total | 22291229 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 22291229 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 570167 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 551996 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 400155 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 85182 | CurrentTaxYearMinus1Year |
| Current Tax Year | 225980 | CurrentTaxYear |
| Total | 1833480 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 24124709 | TotalSupport |
| Gross Receipts From Admissions Etc | 199974 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.92400 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.91760 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 68 | NumberDAFsHeld |
| Donor Advised Contributions | 412311 | DonorAdvisedContributions |
| Grants Paid From Donor Funds | 2968543 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 5642209 | AggregateDAFValue |
| Disclosed Orgs Legal Control | true | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | true | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3506389 | BeginningOfYearBalance |
| Contributions | 567544 | Contributions |
| Investment Earnings Or Losses | 123277 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 628191 | GrantsOrScholarships |
| Administrative Expenses | -187947 | AdministrativeExpenses |
| End Of Year Balance | 3756966 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3664754 | BeginningOfYearBalance |
| Contributions | 292476 | Contributions |
| Investment Earnings Or Losses | 2470 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 424037 | GrantsOrScholarships |
| Administrative Expenses | 29274 | AdministrativeExpenses |
| End Of Year Balance | 3506389 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3382520 | BeginningOfYearBalance |
| Contributions | 831225 | Contributions |
| Investment Earnings Or Losses | 5170 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 525464 | GrantsOrScholarships |
| Administrative Expenses | 28697 | AdministrativeExpenses |
| End Of Year Balance | 3664754 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.82560 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.04670 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.12770 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 400000 | OtherCostOrOtherBasis |
| Book Value | 400000 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8211 | OtherCostOrOtherBasis |
| Depreciation | 7530 | Depreciation |
| Book Value | 681 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 400681 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ENDOWMENT FUND | 11899404 |
| CASH SURRENDER VALUE LIFE INSURANCE | 62219 |
| INTEREST RECEIVABLE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 11961623 | TotalBookValueOtherAssets |
| Total Revenue | 3337674 | TotalRevenue |
| Total Expenses | 5842689 | TotalExpenses |
| Excess Or Deficit For Year | -2505015 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 344072 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 344072 | TotalAdjustments |
| Excess Or Deficit Per FS | -2160943 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 3681746 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 344072 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 344072 | RevenueNotRptdF990 |
| Revenue Subtotal | 3337674 | RevenueSubtotal |
| Total Revenue Per Form990 | 3337674 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5842689 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 5842689 | ExpensesSubtotal |
| Total Expenses Per Form990 | 5842689 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ESCROW LIABILITY ARRANGEMENT EXPLANATION | Identifier |
| Return Reference | SCHEDULE D, PAGE 2, PART IV, LINE 2B | ReturnReference |
| Explanation | IN FEBRUARY 2009, THE FOUNDATION ENTERED INTO AN AGREEMENT WITH THE OCEAN REEF CULTURAL CENTER (THE CENTER), ANOTHER NOT FOR PROFIT ENTITY WITHIN THE OCEAN REEF COMMUNITY, WHEREBY THE FOUNDATION WOULD MANAGE CERTAIN INVESTMENTS ON BEHALF OF THE CENTER. IN MARCH OF 2009, THE CENTER TRANSFERRED THESE ASSETS INTO FOUNDATION OWNED ACCOUNTS WITH THE STIPULATION THAT THEY BE HELD BY THE FOUNDATION FOR A PERIOD OF NO LESS THAN THREE YEARS WITH A GUARANTEED RIGHT OF RETURN TO THE CENTER. NO BENEFIT INURES TO THE FOUNDATION IN CONNECTION WITH THIS ARRANGEMENT (I.E. MANAGEMENT FEES, PERCENTAGE OF REVENUES) - THESE ACCOUNTS ARE STRICTLY CUSTODIAL IN NATURE AND ARE OFF-SET BY A CORRESPONDING LIABILITY ON THE FOUNDATION'S BOOKS. ALL ASSET ACTIVITY (INTEREST, DIVIDENDS, CHANGE IN MARKET VALUE, FEES) ARE RECORDED ON THE CENTER'S BOOKS. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Licensed States | AR | LicensedStates |
| Licensed States | FL | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | OCEAN REEF GALA | NameOfEvent1 |
| Gross Receipts Event1 | 2113884 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 2113884 | CharitableContributionsEvent1 |
| Gross Receipts Total | 2113884 | GrossReceiptsTotal |
| Charitable Contributions Total | 2113884 | CharitableContributionsTotal |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | false | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED - SCHEDULE | BusinessNameLine1 |
| Business Name Line2 | SEE ATTACHED SCHEDULE | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Of Cash Grant | 5157921 | AmountOfCashGrant |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 19 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 218368 | NoncashContribsRptdF990 |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | AUCTION ITEMS | Description |
| Number Of Contributions | 277 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 791477 | NoncashContribsRptdF990 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ALL OTHER ACCOMPLISHMENT DESCRIPTION | FORM 990, PAGE 2, PART III, LINE 4D | TO PROVIDE FOR CODE SECTION 501(C)(3) ORGANIZATIONS AND OTHER NOT FOR PROFIT ORGANIZATIONS THAT BENEFIT THE COMMUNITY OF OCEAN REEF AND THE SURROUNDING AREA, AS WELL AS OTHER QUALIFIED CHARITABLE ORGANIZATIONS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE PRESIDENT, CHAIRMAN, AND VICE-CHAIRMAN, DISCUSS AND REVIEW THE FORM 990 BEFORE THE TAX RETURN IS SIGNED AND FILED WITH THE SERVICE. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THE FOUNDATION REQUIRES DIRECTORS TO SIGN A WRITTEN CONFLICT OF INTEREST STATEMENT EVERY YEAR. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | OFFICERS AND DIRECTORS ARE UNPAID VOLUNTEERS |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | OFFICERS AND DIRECTORS ARE UNPAID VOLUNTEERS. COMPENSATION OF STAFF MEMBERS IS APPROVED BY OFFICERS BEFORE HIRE. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | DOCUMENTS ARE AVAILABLE TO THE PUBLIC, UPON REQUEST. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OCEAN REEF CULTURAL CENTER INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 ANCHOR DRIVE | AddressLine1 |
| City | KEY LARGO | City |
| State | FL | State |
| ZIP Code | 33037 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650843801 | EIN |
| Primary Activities | FINE ARTS | PrimaryActivities |
| Legal Domicile State | FL | LegalDomicileState |
| Exempt Code Section | 501C3 | ExemptCodeSection |
| Public Charity Status | 9 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| OCEAN REEF CULTURAL CENTER INC | ||
| B | 688919 | GRANTS PAID TO |
| OCEAN REEF CULTURAL CENTER INC | ||
| M | ||
| OCEAN REEF CULTURAL CENTER INC | ||
| N | 50632 | PAYROLL REIMBURSEMENT |
| OCEAN REEF CULTURAL CENTER INC | ||
| O | 141776 | EXPENSE REIMBURSEMENT |
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